Our process may seem to be different but it's same on the fundamental level, we both trade against weakness in supply/demand imbalance zones 
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I do use your process sometimes, for example i traded RCOM yesterday and noticed that 144.8 was an important level which it couldn't break. So although i was trading KTKBANK, today RCOM was on my watch too and as soon as it approached 144.8 zone my focus was on it. It produced a decent short trading opportunity.
There should be momentum to trade PB, CPB. A single stock will have on average only 2 strong trending days in a week, so its difficult to play these setups on just one stock (CPB has better success rate than PB). I choose stocks which are in news so there is momentum and above setups are comparatively easier to trade.
Currently, after an entry i put target, stop order and forget about it. I find it giving best result for me as of now.
I am working on active trade management (psychological, technical). The mess you see on the chart is for that only, aim is to be able to squeeze every paisa of a move one day .
one query ...how many trades you manage to make per week on an average?
.I do use your process sometimes, for example i traded RCOM yesterday and noticed that 144.8 was an important level which it couldn't break. So although i was trading KTKBANK, today RCOM was on my watch too and as soon as it approached 144.8 zone my focus was on it. It produced a decent short trading opportunity
.There should be momentum to trade PB, CPB. A single stock will have on average only 2 strong trending days in a week, so its difficult to play these setups on just one stock (CPB has better success rate than PB). I choose stocks which are in news so there is momentum and above setups are comparatively easier to trade.
Currently, after an entry i put target, stop order and forget about it. I find it giving best result for me as of now.
I am working on active trade management (psychological, technical). The mess you see on the chart is for that only
, aim is to be able to squeeze every paisa of a move one day .one query ...how many trades you manage to make per week on an average?
I usually trade forex , In forex we have 20 pairs.Unlike stock market FX is 24 hours market. So, there are large number of setups, I usually keep track of 3-5 pairs and trade only BPB setups and rarely Breakout failure trades for about 8 hours . That should give me 4-8 trades. Since im in the process of learning i usually trade 1 or 2 high probability trades out of those 8.
In stocks also we can get similar no. of setups if we increase the watch list . The key for selecting the stock is that the 1min chart should have any gaps or something, i.e for every 1 min candle there should be volume . Regarding market depth i have no idea. Might learn abt it someday. Its really frustrating watching a single stock / pair whole day and not getting a single trade. So, i increased the watch list and selected only particular type of setups and only trade them.I never counted the weekly setups in stocks since im just watching these days. This is the only type of method where we will get more fun watching than trading itself. No worry about the daily goal , no need to rush to trade just because we have to , Just watching the PA flow between supply & demand levels is awesome.
As you have mentioned, I am also facing few problems in following lance beggs, especially (1.)he asked us to trade minimum 5 per day during learning phase because after 20 days we can evaluate our performance from 100 trades+ minimum.But im not reaching that , i fi take 1 or 2 trades per day then i have evaluate for every 50 + days. Now, thats too long. MY idea is to evaluate myself monthly regardless of no. of trades
(2.)Active trade management did more harm than good for me. I cut my losses short , price then continue in my trade direction many times. . Problem is while assesing strength of the individual candles , I am often more wrong than right. i.e a bullish 1min candle when i am in a Bearish trade doesnt always mean iam wrong . So, i guess set and forget approach is the better way for now. The idea i like that lance beggs mentioned is to create a group of enthusiastic people who are willing to share and show each other setups and let each other evaluate objectively. I guess this thread provides tht platform . And here is todays trades on Euro-Us dollar. and Euro japanese yen. All breakout pullback setups 5min chart.
